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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,395 | $106,008-90.2% | $92,240-88.7% | $147,586-93.0% |
| Participation rate | 21.4% | 80.4%-59.0pp | 76.5%-55.1pp | 82.8%-61.4pp |
| Annual return | 11.46% | 50.05%-38.6pp | 176.29%-164.8pp | 578.59%-567.1pp |
| Employer contribution / active EE | $0 | $4,333-100.0% | $3,680-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $968 | $4,478-78.4% | $3,897-75.2% | $5,439-82.2% |
| Admin fee / account holder | $144 | $6,333-97.7% | $5,194-97.2% | $10,886-98.7% |